Company Number: 15637548

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: LOW
   Justification: ZEROWARD LIMITED is a newly incorporated private limited company with filed accounts indicating positive net assets (£99,844) and no current liabilities. The company has complied with filing deadlines and shows no overdue returns or accounts. The absence of debt and positive working capital support a low immediate financial risk.

2. Key Concerns:

• Newly Incorporated: The company has been active for just over one year, limiting the historical financial data and making long-term operational stability harder to assess.
• Directors and Control: Two directors are also listed as persons with significant control owning 75-100% shares each, which may concentrate control and risk related to governance and decision-making transparency.
• Called Up Share Capital Not Paid: £28,800 is shown as called up share capital not paid, which raises questions about whether this amount has been fully received or remains outstanding.

3. Positive Indicators:

• Strong Solvency Position: Net current assets of £24,185 and total net assets of £99,844 with zero current liabilities indicate the company can meet its short-term and long-term obligations.
• Compliance with Filings: Both accounts and confirmation statements are up to date with no overdue filings or penalties.
• Micro-entity Status: The company benefits from simplified reporting requirements and is classified as a micro-entity with only 6 employees, suggesting manageable operational complexity at this stage.

4. Due Diligence Notes:

• Verify status and collection of the called up but unpaid share capital to confirm actual cash inflow and equity strength.
• Review director background and governance practices given the dual control and the resignation of one director on the same day as appointment.
• Obtain more detailed financial information or projections to assess business model sustainability beyond the initial year of trading.
• Confirm absence of any off-balance sheet liabilities or contingent risks not disclosed in the micro-entity accounts.